CCP 03-17-2003 - Laserfiche WebLink

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DRAFT establish a perimeter fence around the Guidant Property in order to protect the safety of the Guidant Property or its employees. The fonn of the private trail system use agreement shall be approved by the City's attomey and shall be executed prior to the issuance of occupancy permits for Phase I buildings. 3. ConstructionlConvevance of Park Buildino. Guidant shall construct a picnic/warming shelter ("Park Building") for Cummings Park pursuant to plans and specifications approved by the City. The maximum cost of the Park Building is estimated to be $350,000. The contribution of Guidant to the Park Building shall be identified on a plaque, approved by the City, which shall be attached to the Park Building. Upon completion of the Park Building, it shall be conveyed to the City. The City shall be responsible for maintenance of the Park Building. Construction of the Park Building shall be completed by June 30, 2004. C. Traffic Studv Uodate. Guidant shall update the traffic study contained in the Master Plan PUD after completion of the Phase I building construction and traffic improvements, and after completion of the Phase II building constructiOn and traffic improvements. If updated traffic studies indicate that proposed traffic improvements will not be adequate to accommodate the traffic generated by development pursuant to the Master Plan PUD, Developer shall not be allowed to proceed with each subsequent development phase until a revised Master Plan PUD has been approved by the City. D, A.UAR. Plan. No development shall occur on the Guidant Property during the various phases of development, unless the mitigation measures identified in the A.UAR. Plan have been satisfied within the appropriate timelines. E. Drainaae and Utility Plan. A revised drainage and utility plan shall be reviewed and approved by the City's consulting engineer prior to the issuance of grading penn its for the Guidant Property, The approved drainage and utility plan shall be attached and incorporated as Exhibit E. F, Fernwood Street. At the present tirne, Fernwood Street is a public right-ot- way, As part of the development of the Guldant Property, Fernwood Street will be reconstructed and reconfigured as a private road. In order to facilitate the transition of Fernwood Street from a public right-of-way to a private road, the City will vacate its easement over the easterly portion of Fernwood Street and will convey its fee interest in the westerly portion of Fernwood Street. It is anticipated that the vacation and conveyance of Femwood Street will occur concurrent with the approval of the Final Plat for the Guidant Property. Both actions of the City will be subject to the following conditions: 1. Retention of easements, if any, for utilities which will remain within the original Femwood Street right-of-way; and 4 , . . .